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(THR) Thermon Group complete technical analysis [charts+indicators] | Buy/Sell Thermon Group | (THR) share price targets

Complete technical analysis of Thermon Group (THR) by charts plus indicators, forecast predictions and share price targets for Thermon Group (THR)

Thermon Group trades in USA in Energy sector.

Showing technical analysis as on 2024-04-08 View latest technical analysis

10 day averaged volume of Thermon Group is 252770

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	32.83	33.05	33.38	32.73	0.517 times
05 Fri Apr 2024	32.68	32.81	33.09	32.01	1.257 times
04 Thu Apr 2024	32.77	33.23	33.69	32.67	1.424 times
03 Wed Apr 2024	33.40	32.91	33.56	32.76	1.264 times
02 Tue Apr 2024	32.99	32.66	33.01	32.29	0.955 times
01 Mon Apr 2024	32.88	32.88	32.94	32.18	1.063 times
28 Thu Mar 2024	32.72	31.89	32.75	31.89	1.224 times
27 Wed Mar 2024	31.87	31.74	32.00	31.70	0.643 times
26 Tue Mar 2024	31.57	31.56	31.92	31.05	0.948 times
25 Mon Mar 2024	31.48	30.89	31.50	30.89	0.623 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 32.8, but if it comes below 32.8, then a intra day sell could be more profitable.
If you take a sell trade below 32.8, then use 32.8 as stoploss and 31.17 as target. However if you take a buy trade in stock , then use 32.8 as stoploss and 34.6 as target.

Share price targets for Thermon Group (THR)

Target Type	Value
Downside Target	23.76
Downside Target	26.83
Downside Target	27.45
Downside Target	29.56
Downside Target	32.73
Downside Target	32.75
Upside Target	33.38
Upside Target	33.62
Upside Target	33.69
Upside Target	34.07

Intraday share price targets for Thermon Group (THR)

Target Type	Value
Downside Intraday Target	32.58
Downside Intraday Target	32.33
Upside Intraday Target	33.23
Upside Intraday Target	33.63
Upside Intraday Target	32.98

Weekly technical analysis of Thermon Group (THR)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	32.83	33.05	33.38	32.73	0.087 times
05 Fri Apr 2024	32.68	32.88	33.69	32.01	1.735 times
28 Thu Mar 2024	32.72	30.89	32.75	30.89	0.883 times
22 Fri Mar 2024	30.84	30.30	31.50	29.56	0.709 times
15 Fri Mar 2024	30.43	27.57	30.59	27.45	1.148 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Thermon Group (THR)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	32.83	32.88	33.69	32.01	0.356 times
28 Thu Mar 2024	32.72	27.39	32.75	26.83	0.558 times
29 Thu Feb 2024	27.29	29.46	29.90	23.76	1.723 times
31 Wed Jan 2024	32.78	32.61	34.07	30.02	1.48 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Thermon Group (THR)

Price action analysis of Thermon Group ( (THR) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Thermon Group ( (THR) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Thermon Group ( (THR) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Thermon Group ( (THR) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Thermon Group stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Thermon Group in short term and the buy signal is strong.

Thermon Group Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Thermon Group in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Thermon Group is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 32.61 and Thermon Group (THR) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Thermon Group (THR) stock. Volume based technical analysis of Thermon Group (THR) stock is negative.

Thermon Group Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.